Classic Sell for Gold Now what we see here is COMPRESSION INTO DEMAND. So we see buyers keep buying until price reaches too high for buyers to buy and sellers come into the market. On the 28th of Feb, we saw Gold begin its decline and that is where price is heading to now before it meets its demise and fall once again. Risk to Reward ~6 In my humble opinion,...
NOTE: If set up fails do not hold. There's a CP Zone above my pref entry that can be cleared and there's a CP Zone below my entry that I want it to be cleared and is more in confluence with market structure. I will update entry if needs be....Thank You.
On the 4h chart, we have become approximately rangebound by overhead compressing periods between the W 200 SMA - which is where we bounced this past December and was the main support we adhered to and retested repeatedly while forming the bottom in 2015, and the implied pivot for mean reversion on the longest overexpanded period created by the November drop. This...
I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when the price goes against Compression it usually safer, above Us, there is...
We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.
Hello Everyone! I've also been doing analysis on the COINBASE:LTCBTC however, most of us are trying to grow the amount of $BTC we own. Here is a quick analysis of the COINBASE:LTCBTC pairing: Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on $BTC (myself...
use trail stop to get maximum profit keep an eye on the limited upside
BTC went sideways as predicted under the conditions met. On the short time frames of 15 minuets we see some potential indicators at point A that sign a bullish sentiment emerging in BTC. If a market make comes now they will be in sync with the sentiment periods indicated by the timing cycle lines. From longer range we see clear compression on the 1 hour: ...
BTCUSD has following lower channel.. lots of compression forming here.. there is one hell of a fight to keep BTC above the sideways resistance which it broke a couple of days ago.. i guess one has to sit and wait while the BEARS and BULLS fight it out Rocky style.. www.youtube.com
will btc break resistance? and continue upwards within channel? only a few days away from the main resistance line if btc can maintain this price and pass sideways through its upper resistance surely an upward movement will follow.
As BTCUSD encroaches its upper resistance there is also pressure from the lower resistance "red line" (NOT a flat bottomed triangle), so far BTC has stuck within its channels as per my previous posts.. If BTC fails to break this lower resistance line in the enxt day or so, it seems the increasingly desperate shorters are failing in pulling the price lower since...
It seems the AUDUSD has changed momentum from bullish to bearish, Most likely the price tend to reach the demand below, the recent uptrend From the left seems to be compression, the supply above is a great level to Continue the new bearish momentum, therefore if the retrace this supply i'll Sell there, my first target is the support zone, and the final target is...
At the swing and the long-term EURGBP is bearish, the supply Above is a great level of continuing this bearish momentum, The price moving up very slowly in what we called "compression". therefore if the price retrace to this supply I'll sell there, my final Target will be the demand below.
The supply above us is a great new one, there are unfiled sell orders Waiting for the price to come back and pick them, also the price is Coming up with compression which is good, I'll sell at the supply above, My first target will be the demand below, and the final target is the demand At the bottom.
A new confirmation zone from yesterday, if the price will break this confirmation Zone, it indicates the price tends to reach 113.40 zones, therefore if The price will break this zone, I'll wait for P"A setup for sell position. My target will be 113.40 zones.
The CHFJPY is after a very powerless uptrend, therefore I'll Prefer to look for reversal trade, if the price will break this confirmation Zone, it indicates the price tends to reach 113.40 zones, therefore if The price will break this zone, I'll wait for P"A setup for sell position. My target will be 113.40 zone.
Compression here we have a movement to previous days high or wick. Price voids as it rips above the wick. And drops back.